Futures market survey: 60 pct bearish about Shanghai silver on Mon.
BEIJING, Jan 27, 2013 (Xinhua via COMTEX) --
About 60 percent futures exp
erts surveyed by the China Finance Corporation, a financial informatio
n provider run by Xinhua News Agency, are bearish about silver futures
traded on the Shanghai Futures Exchange (SHFE) on Monday, while 20 p
ercent are bullish and the rest 20 percent expect range-bound trading
of the commodity.
The benchmark silver contract, for June delivery, opened down 0
.78 percent at 6,503 yuan/kg on Monday.
Futures experts here include futures brokers, research in
stitutions and other market observers.
The futures brokers that are bullish about Shanghai silver inclu
de Founder Futures.
The futures brokers that expect range-bound trading of Shanghai
silver include HNA Futures.
The futures brokers that are bearish about Shanghai silver inclu
de First Futures, Donghua Futures and Zhaojin Futures.(Edited by Hu Pi
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